Fannie Mae
Example of Fannie Mae Energy Efficient Mortgage
Standard Home
|
Energy Efficient
Home
|
| Purchase Price |
$250,000 |
Purchase Price |
$253,000 |
| Monthly PITI |
$1331 |
Monthly PITI |
$1347 |
Down payment
|
$50,000
|
Down payment
|
$50,600
|
| Energy Improvements |
-0- |
Energy Improvements |
$2,400 |
| Loan Amount |
$200,000 |
Loan Amount |
$202,400 |
| Interest |
7% |
Interest |
7% |
Monthly Energy Savings
|
-0-
|
Monthly Energy Savings
|
$60
|
| Average Energy Bill |
$120 |
Average Energy Bill |
$60 |
| Total Expenses |
$1451 |
Total Expenses |
$1407 |
Monthly Housing Expense Savings - $44
|
